PIS has BIG plans for the future
Robbie Bennetts
Professional Investment Services (PIS) is sponsoring Bond University’s student investment club as part of a wider push to support the education of future advisers, it announced today.
PIS chief executive Robbie Bennetts said the company was always keen to invest in the future.
He said that PIS put in place an education strategy, which included hiring an education manager, more than 18 months ago.
The Bond University Club, Bond Investment Group (BIG), received donations from PIS and funds to help the team to participate in the most recent Global Management Challenge, PIS said.
“When we met the team from BIG it was pretty clear they had a passion for investing and for learning all they could about the art of investing,” Bennetts said.
Bennetts said that PIS, which is based in the Gold Coast, is always looking for worthy local causes to back.
“We have a relationship with Griffith University, which has a Gold Coast Campus,” he said.
PIS said that it has also sponsored a financial planning conference held by Griffith University and has a group of students involved in the university’s bachelor of commerce professional year strand.
“Our research shows that hiring a graduate has the potential to bring a financial gain of about $64,000 conservatively to a practice, not adding the potential to develop succession planning strategies within a practice,” Bennetts said.
Recommended for you
WT Financial’s Keith Cullen is eager for its Hubco initiative to see advice firms under its licence trade at multiples which are catching up to those UK and US financial advice firms.
Sequoia Financial Group has revealed the scale of complaints lodged with the Australian Financial Complaints Authority relating to its role in the Shield Master Fund and First Guardian Master Fund collapses.
AMP chief executive, Alexis George, believes the North platform is on a forward trajectory after a period of “stagnation” and is targeting consistent quarterly growth in advisers.
The Financial Advice Association Australia has announced it will expand its approved specialisations program to broaden its range of qualification designations.
